Thread: Addiction II
View Single Post
Old 10-05-10 | 07:56 AM
  #30565  
coasting
Still can't climb
 
Joined: Sep 2006
Posts: 23,024
Likes: 6
From: Limey in Taiwan
Originally Posted by patentcad
All you college students and parents, read this book:



Kind of cured me of the desire to send my kid to NYU or Columbia. She'll probably wind up @ SUNY Binghamton or Hunter College (CUNY).

We'll pay cash.

The whole private higher education industry has devolved into a friggin massive scam. It's very disturbing.
It is like buying a designer label. It's still living in the world of bubble in the period when spend any amount of money on getting that degree is worth it because you'll waltz into a wall street job and pay it off in a couple of years if that. That whole sector is much smaller now and cannot absorb all the students from all the top schools and the bonuses aren't there anymore so you can't guarantee you'll pay off the debt before the next round of lay-offs. Unfortunately the universities haven't woken up to this because there are still a lot of students who have the old mentality of the boom years. Get the MBA, go to an ibank or consulting firm and sorted. I heard the big consulting firms are giving their staff the option of taking a year or 2 of unpaid leave with a guarantee of a return. that says to me they are trying to delay redundancies.
__________________
coasting, few quotes are worthy of him, and of those, even fewer printable in a family forum......quote 3alarmer

No @coasting, you should stay 100% as you are right now, don't change a thing....quote Heathpack
coasting is offline